Between 2019 and 2025, the global economy experienced what will likely be remembered as the most dramatic inflationary episode of the 21st century—at least so far. Inflation, long thought to be tamed in advanced economies, erupted from pre-pandemic stability at 2.2% in 2019, plunged briefly to 1.9%

Between 2019 and 2025, the global economy experienced what will likely be remembered as the most dramatic inflationary episode of the 21st century—at least so far. Inflation, long thought to be tamed in advanced economies, erupted from pre-pandemic stability at 2.2% in 2019, plunged briefly to 1.9%

Between 2019 and 2025, the global economy experienced what will likely be remembered as the most dramatic inflationary episode of the 21st century—at least so far. Inflation, long thought to be tamed in advanced economies, erupted from pre-pandemic stability at 2.2% in 2019, plunged briefly to 1.9%